688 Main Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 1 bed, 1 bath
ACTIVE$398,000
688 Main Street, Big Bear Lake, California 92315
1Bed
1Bath
505Sqft
2,800Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Recreational Location: Situated minutes from Snow Summit Ski Resort, Big Bear Lake, and The Village, offering convenient access to year-round recreational activities and strong appeal for a vacation home or rental.
Top Cons:
Short Sale Transaction: Currently under short sale approval, which typically involves extended timelines, increased complexity, and potential for transaction uncertainty.
Compared to the nearby listings
Price:$398.0K vs avg $637.5K ($-239,450)13%
Size:505 sqft vs avg 1,714 sqft0%
Price/sqft:$788 vs avg $39699%
More Insights
Built in 1949 (76 years old).
Condition: Despite being built in 1949, the property has undergone a recent and extensive renovation, as confirmed by the listing description and images. The kitchen features modern white cabinetry, stainless steel appliances, and granite countertops, appearing virtually new. The bathroom is also fully updated with a stylish walk-in shower, modern tiling, and vanity. New flooring is visible throughout the living spaces. These renovations bring the key areas of the home to current quality standards, making it move-in ready with no deferred maintenance in these critical spaces, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Year Built
1949
Close
-
List price
$398K
Original List price
$405K
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
PW25015214
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods
About this home
All offers welcome. Short Sale Approval in progress. PRICED TO SELL, DO NOT WAIT. JUST REDUCED. Cozy 1 Bedroom 1 Bathroom cabin nestled among the trees in the breathtaking mountains of Big Bear. This recently renovated cabin is the perfect retreat to spend quality time with nature. The updated kitchen has all stainless-steel appliances, granite countertops and breakfast bar. The modern bathroom has walk in shower. The attached deck can be used to increase living space for dining and relaxing. Located within minutes of Snow Summit Ski Resort, Big Bear Lake and The Village, makes it convenient for enjoying all of the year-round activities Big Bear has to offer.
Condition Rating
Excellent
Despite being built in 1949, the property has undergone a recent and extensive renovation, as confirmed by the listing description and images. The kitchen features modern white cabinetry, stainless steel appliances, and granite countertops, appearing virtually new. The bathroom is also fully updated with a stylish walk-in shower, modern tiling, and vanity. New flooring is visible throughout the living spaces. These renovations bring the key areas of the home to current quality standards, making it move-in ready with no deferred maintenance in these critical spaces, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons
Pros
Prime Recreational Location: Situated minutes from Snow Summit Ski Resort, Big Bear Lake, and The Village, offering convenient access to year-round recreational activities and strong appeal for a vacation home or rental.
Recent Renovations: The cabin has been recently renovated, featuring an updated kitchen with stainless-steel appliances and granite countertops, and a modern bathroom with a walk-in shower, reducing immediate buyer expenses.
Scenic Mountain Setting: Nestled among trees with desirable mountain and tree views, providing a tranquil and picturesque retreat atmosphere ideal for nature lovers.
Outdoor Living Potential: An attached deck offers valuable outdoor space, ideal for expanding living areas for dining and relaxation, enhancing the cabin's usability.
Motivated Seller & Price Adjustment: The property is 'Priced to Sell' with a recent price reduction, indicating a motivated seller and potential for a favorable purchase opportunity.
Cons
Short Sale Transaction: Currently under short sale approval, which typically involves extended timelines, increased complexity, and potential for transaction uncertainty.
Limited Living Space: A compact 1-bedroom, 1-bathroom layout with only 505 sqft, restricting occupancy and potentially limiting its appeal to a niche buyer or small rental market.
Advanced Property Age: Built in 1949, the property's age, despite recent renovations, may present underlying structural or system considerations that could require future attention.